Caesars Leisure Corp. is making ready to call Anthony Rodio as its subsequent chief government and say it can consider takeover curiosity within the on line casino operator, individuals conversant in the matter stated.

Rodio, who at the moment serves as CEO of privately held Affinity Gaming, will change departing Caesars CEO Mark Frissora and take his seat on the board, Caesars is anticipated to announce Monday.


CZR, +0.74%

  additionally is anticipated to announce that it has shaped a board committee to work with bankers at PJT Companions Inc. to guage takeover curiosity it has acquired, a number of the individuals stated.

The on line casino operator has fielded overtures from a number of events together with Eldorado Resorts Inc.

ERI, +1.33%

  and Golden Nugget LLC and already has given these two bidders entry to its monetary information to conduct due diligence, a number of the individuals stated. The strikes signify a nod to activist investor Carl Icahn, who controls roughly 18% of Caesars inventory, based on filings, and has been pushing the corporate to contemplate Rodio as its subsequent chief and to promote itself.

An expanded version of this report appears on

Additionally fashionable on

Washington waits in suspense for Mueller report.

Baby boomers and the art of parenting adult kids.

Source link

Leave a Reply

Notify of